Hostess Brands closing for good — NEW YORK (CNNMoney) — Hostess Brands — the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread — announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them.

No more Twinkies? Hostess plans to shut down — Hostess CEO says strike was fatal blow for bankrupt company and that it is too late to fix it. Nearly 600 could lose jobs in Schiller Park and Hodgkins bakeries. — Hostess, the company that makes Twinkies and other sugary snacks …

The Audacity of 51% — Get ready for higher taxes and no spending reform. — “Maybe peace would have broken out with a different kind of White House, one less committed to waging a perpetual campaign—a White House that would see a 51-48 victory as a call to humility and compromise rather than an irrefutable mandate.”

Life, Death and Deficits — America's political landscape is infested with many zombie ideas — beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.

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